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GOLD-BARRICK GOLD CORP
Barrick Gold Surpasses Earnings Expectations with Q4 2024 Adjusted EPS at 46 Cents Amid Strong Revenue Growth and Strategic Buyback Announcement
Wednesday
26 February, 2025
Barrick Gold's Q4 2024 results reveal a remarkable earnings performance, with adjusted EPS hitting 46 cents and revenues soaring by 19.2%. As the gold market thrives, can Barrick's strategic buyback and commitment to sustainability keep it on this upward trajectory?
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Key Takeaways
- Barrick Gold Corporation showcases impressive Q4 2024 performance with adjusted earnings exceeding forecasts and a notable 19.2% revenue increase.
- The firm’s $32 billion market cap and attractive P/E ratios suggest robust financial health and valuation.
- Projected EPS growth of 7% for 2025, along with a 2.27% dividend yield, indicates ongoing financial stability.
- Rising gold prices at $2,657 per ounce boost revenue prospects, driven by increased demand.
- A $1 billion share buyback program reflects management's dedication to enhancing shareholder value, appealing to potential investors.
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